Robeco Schweiz AG Acquires Shares of 781,752 Alpha and Omega Semiconductor Limited (NASDAQ:AOSL)

Robeco Schweiz AG purchased a new stake in Alpha and Omega Semiconductor Limited (NASDAQ:AOSL - Free Report) during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 781,752 shares of the semiconductor company's stock, valued at approximately $19,434,000. Robeco Schweiz AG owned 2.66% of Alpha and Omega Semiconductor at the end of the most recent quarter.

Other hedge funds have also added to or reduced their stakes in the company. Vanguard Group Inc. boosted its stake in Alpha and Omega Semiconductor by 0.6% in the 4th quarter. Vanguard Group Inc. now owns 2,411,632 shares of the semiconductor company's stock valued at $89,303,000 after purchasing an additional 14,070 shares during the period. Hood River Capital Management LLC bought a new stake in shares of Alpha and Omega Semiconductor in the fourth quarter valued at about $42,162,000. Wellington Management Group LLP grew its stake in shares of Alpha and Omega Semiconductor by 12.4% in the fourth quarter. Wellington Management Group LLP now owns 633,345 shares of the semiconductor company's stock valued at $23,453,000 after acquiring an additional 70,100 shares in the last quarter. Geode Capital Management LLC increased its position in Alpha and Omega Semiconductor by 0.3% during the fourth quarter. Geode Capital Management LLC now owns 580,556 shares of the semiconductor company's stock worth $21,503,000 after acquiring an additional 1,851 shares during the period. Finally, Driehaus Capital Management LLC acquired a new stake in Alpha and Omega Semiconductor in the 4th quarter worth about $11,612,000. Institutional investors and hedge funds own 78.97% of the company's stock.

Insider Activity at Alpha and Omega Semiconductor

In other news, EVP Bing Xue sold 1,845 shares of the firm's stock in a transaction that occurred on Monday, May 12th. The shares were sold at an average price of $23.73, for a total transaction of $43,781.85. Following the completion of the sale, the executive vice president owned 130,951 shares of the company's stock, valued at $3,107,467.23. This trade represents a 1.39% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this link. Company insiders own 16.90% of the company's stock.

Alpha and Omega Semiconductor Stock Performance

Shares of AOSL stock opened at $28.04 on Friday. The firm has a market capitalization of $824.80 million, a price-to-earnings ratio of -35.95 and a beta of 2.11. The company has a current ratio of 2.57, a quick ratio of 1.36 and a debt-to-equity ratio of 0.02. The business's 50-day moving average price is $23.72 and its 200-day moving average price is $28.03. Alpha and Omega Semiconductor Limited has a 12 month low of $15.90 and a 12 month high of $53.29.

Alpha and Omega Semiconductor (NASDAQ:AOSL - Get Free Report) last announced its quarterly earnings results on Wednesday, May 7th. The semiconductor company reported ($0.10) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.16) by $0.06. The firm had revenue of $164.60 million during the quarter, compared to analysts' expectations of $157.23 million. Alpha and Omega Semiconductor had a negative net margin of 3.33% and a negative return on equity of 0.28%. The company's revenue was up 9.7% on a year-over-year basis. During the same period in the prior year, the company posted ($0.04) EPS. Equities research analysts forecast that Alpha and Omega Semiconductor Limited will post -0.82 EPS for the current year.

Wall Street Analyst Weigh In

Several equities research analysts recently issued reports on AOSL shares. Stifel Nicolaus cut their price target on Alpha and Omega Semiconductor from $30.00 to $18.00 and set a "sell" rating for the company in a research note on Thursday, April 17th. Wall Street Zen upgraded Alpha and Omega Semiconductor from a "sell" rating to a "hold" rating in a research report on Sunday, May 11th. Finally, Benchmark decreased their price target on Alpha and Omega Semiconductor from $42.00 to $32.00 and set a "buy" rating on the stock in a research report on Friday, May 9th.

Alpha and Omega Semiconductor Profile

Alpha and Omega Semiconductor Limited designs, develops, and supplies power semiconductor products for computing, consumer electronics, communication, and industrial applications in Hong Kong, China, South Korea, the United States, and internationally. It offers power discrete products, including metal-oxide-semiconductor field-effect transistors (MOSFET), SRFETs, XSFET, electrostatic discharge, protected MOSFETs, high and mid-voltage MOSFETs, and insulated gate bipolar transistors for use in smart phone chargers, battery packs, notebooks, desktop and servers, data centers, base stations, graphics card, game boxes, TVs, AC adapters, power supplies, motor control, power tools, E-vehicles, white goods and industrial motor drives, UPS systems, solar inverters, and industrial welding.

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